Daniel Hajj, America Movil General Director, pointed that ‘to give pay TV, we have already sent our request. It is under review at the Federal Telecommunications Institute (IFT)”, as reported on Wednesday in a conference call with analysts. Mobile subsidiary Telcel -through its legal name, Radiomóvil Dipsa-, has already started procedures to avoid the prohibition of Telmex fixed subsidiary.
If the regulatory institution approves the request, Hajj said the company will be in immediate conditions to provide TV, internet and telephony packages. ‘We can do it fast. We have experience in all other countries. We have some commercial agreements with content. We have fiber optic in perhaps six million homes in Mexico’, he said, and added that ‘we can offer the service soon, if they give us the permission’.
The company plans to invest USD 8.5 billion in 2019 and, at its quarterly conference, Hajj reported that the functional separation order is in progress and should be completed by March 2020. ‘There are still a lot of procedures qualified by us and others appealed by IFT’s decision to separate the company. So those are the two processes that we have for IFT, pay TV and functional separation, and that’s what we’re doing now’, he said.